National Income Theory and Its Price Theoretic Foundations PDF Download

Author: William Henry Locke Anderson
Publisher: New York : McGraw-Hill International
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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Author: Frederick S. Brooman
Publisher: Routledge
ISBN: 1351519360
Category : Business & Economics
Languages : en
Pages : 401

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Emphasizing careful, lucid explanation rather than the lavish use of cryptic graphs and mathematics, and combining the rigor of statement of the best American theoretical work with the extraordinary clarity of the best English scientific writing, this compact, readable, well-integrated work is a leading text for courses in macroeconomics. A completely rewritten version of Brooman's classic English text, the book has been revised and expanded specifically for use in the United States, with American examples and usages, and includes new chapters on money and monetary flows and their consequences. The book covers every aspect of economic theory dealing with the determination of total output and employment, the general price level, and the rate of economic growth. It examines theories of consumer behavior and business investment, the demand and supply of money and their effects on interest rates and the price level; the determination of the level of employment and wages; the possibilities of fluctuations in output and employment; and the forces making for growth of the economy. The effects of foreign trade on the domestic economy are brought in, and the possibilities of using government expenditure and taxation as a means of stabilizing the economy are examined. Theories of consumption, investment, trade, money and interest are tied together in a thorough discussion of income determination, and whenever possible, empirical evidence is produced as a check on theoretical relationships. Algebraic symbols are used as a space-saving device; none but the simplest algebra is employed, and readers with an elementary knowledge of mathematics will find no difficulty in following the argument of the book. It is organized for a one semester course, both in terms of the sequence of materials and the relative number, length, and difficulty of the chapters. The object throughout is to make the exposition highly readable and to provide clear definitions and explanations of the main concepts found in this important branch of economic theory. The result is a book of the highest level.

Author: Charles L. Schultze
Publisher: Englewood Cliffs, N.J., Prentice-Hall
ISBN:
Category : Economics
Languages : en
Pages : 168

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Because of her hateful pride, the king gives his daughter in marriage to the first beggar that comes to the door.

Author: Milton Friedman
Publisher: Routledge
ISBN: 1351496778
Category : Business & Economics
Languages : en
Pages : 377

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Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved, while the latter deals with how the economic problem should be solved. The effects of price or rent control on the distribution of income are problems of positive economics. The desirability of these effects on income distribution is a problem of normative economics. Within economics, the major division is between monetary theory and price theory. Monetary theory deals with the level of prices in general, with cyclical and other fluctuations in total output, total employment, and the like. Price theory deals with the allocation of resources among different uses, the price of one item relative to another. Prices do three kinds of things. They transmit information, they provide an incentive to users of resources to be guided by this information, and they provide an incentive to owners of resources to follow this information. Milton Friedman's classic book provides the theoretical underpinning for and understanding of prices. Economics is not concerned solely with economic problems. It is a social science, and is therefore concerned primarily with those economic problems whose solutions involve the cooperation and interaction of different individuals. It is concerned with problems involving a single individual only insofar as the individual's behavior has implications for or effects upon other individuals. Price Theory is concerned not with economic problems in the abstract, but with how a particular society solves its economic problems.

Author: U. Reich
Publisher: Springer
ISBN: 0230512909
Category : Business & Economics
Languages : en
Pages : 198

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Utz-Peter Reich addresses economists interested in a sound empirical foundation for their theoretical concepts. He investigates economic value and determines how value is defined in theory, which is microeconomic, and how it is measured in practice in national accounts. He demonstrates that microeconomic theory is not made to guide or interpret national accounts figures and he offers an alternative theory.

Author: John M. Letiche
Publisher: Academic Press
ISBN: 1483297047
Category : Business & Economics
Languages : en
Pages : 1022

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The literature on international economics has become excessively specialized. In selecting distinguished readings for this source book--including contributions by Nobel laureates such as Lawrence R. Klein, Arthur Lewis, James Meade, and Theodore W. Schultz--Professor Letiche breaks the mold. The essays concentrate on interrelation between theory and actual policy design, and this collection of classic pieces and recent economic contributions are a valued resource in universities and government offices.

Author: Simon Smith Kuznets
Publisher: Ayer Publishing
ISBN: 9780405075988
Category : National income
Languages : en
Pages : 144

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Author: Deirdre N. McCloskey
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 662

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Author: John Maynard Keynes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Author: University of Michigan. Board of Regents
Publisher:
ISBN:
Category :
Languages : en
Pages : 380

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